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Georgia vs Turkmenistan
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ฌ๐Ÿ‡ช Georgia
vs
๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
20%
Flat 20%; political pressure from EU candidacy reforms
No change
10%
10% flat; gas revenues fund state expenditure
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
18%
18% standard
No change
15%
15% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
15%
15% distribution tax; Pillar Two considerations
No change
8โ€“20%
8%/20%; China gas pipeline dominant
No change
Capital Gains Tax
Capital Gains Tax
5โ€“15%
5% dividend; capital gains as income
No change
10%
10% nominal
No change
Social Security & Payroll
Social Security / Payroll
4%
Pension reform; mandatory system maturing
No change
~35%
State-funded social system; gas wealth subsidizes pensions
No change
State, Regional & Local Taxes

๐Ÿ‡ฌ๐Ÿ‡ช Georgia โ€” Municipal Taxes

Georgia's 64 municipalities (including Tbilisi) have limited independent taxing powers โ€” income tax is nationally set. Municipalities levy property tax (gแƒแƒ“แƒแƒกแƒแƒฎแƒแƒ“แƒ˜ qonebaze) at 0%โ€“1% of market value for individuals and 1% for legal entities. Vehicle annual fees and land tax are also locally determined. Georgia has a simple and low-tax system โ€” it introduced a flat 20% income tax in 2004 and has since maintained competitive rates. The Virtual Zone and Free Industrial Zone regimes offer significant corporate tax exemptions.

๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan โ€” Velayat & Etrap Administrations

Turkmenistan's 5 velayats (provinces) and Ashgabat city have highly centralized administration under an authoritarian state. Turkmenistan has among the world's largest natural gas reserves, exporting most to China. The economy is heavily state-controlled with limited private sector. Citizens historically received free gas, electricity, water, and subsidized food (subsidies now being reformed). International transparency is very limited, making reliable tax data difficult to obtain from this closed state.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Georgia vs Turkmenistan: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฌ๐Ÿ‡ช Georgia has a higher top income tax rate (20% vs 10%). ๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Georgia has a higher consumption tax (18% vs 15%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฌ๐Ÿ‡ช Georgia offers a lower corporate rate (15% vs 20%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan taxes investment gains at a lower rate (10% vs 15%), benefiting investors.

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